21Shares has turn into the newest asset supervisor to file with the US Securities and Change Fee (SEC) to supply an XRP ETF. This once more mounts strain on the Fee to lastly reply to the pending functions from the opposite asset managers who’ve utilized to supply this fund.
21Shares Information For XRP ETF With US SEC
The asset supervisor filed with the US SEC to supply the ’21Shares Core XRP TRUST,’ which can monitor the efficiency of the XRP coin and supply institutional traders a method to realize publicity to the crypto. 21Shares joins Bitwise and Canary Capital who’ve already filed their registration assertion with the Fee to additionally supply an XRP ETF.
It’s price mentioning that 21 Shares had prior to now filed with the US SEC to supply a Spot Solana ETF though that software appears to be like to have been rejected because the Fee nonetheless has doubts over Solana’s safety standing.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto information author and editor who has coated matters that minimize throughout DeFi, NFTs, sensible contracts, and blockchain interoperability, amongst others. Boluwatife has a knack for simplifying essentially the most technical ideas and making it simple for crypto newbies to grasp. Away from writing, He’s an avid basketball lover and a part-time degen.
Disclaimer: The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability to your private monetary loss.
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